Airbnb Cancellation Policy Update: Cancelling on Your Guests Just Got More Expensive

John and Tim discuss the recent Airbnb Cancellation Policy Update.

Key Highlights:

Effective August 22, 2022.

Airbnb will impose fees subject to a minimum cancellation fee of $50 USD and a maximum cancellation fee of $1,000 USD. The fee is based on the reservation amount and when the reservation is canceled:

• If the reservation is canceled 48 hours or less before check-in, or after check-in, the fee is 50% of the reservation amount for the nights not stayed

• If the reservation is canceled more than 48 hours, and 30 days or less, before check-in, the fee is 25% of the reservation amount

• If the reservation is canceled more than 30 days before check-in, the fee is 10% of the reservation amount

When calculating cancellation fees, the reservation amount includes the base rate ...